Verus Capital Partners LLC Reduces Stock Position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Verus Capital Partners LLC cut its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 5.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 12,453 shares of the company’s stock after selling 651 shares during the period. Verus Capital Partners LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $466,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Lodestar Private Asset Management LLC grew its position in Invesco S&P 500 Equal Weight Technology ETF by 6.0% in the 4th quarter. Lodestar Private Asset Management LLC now owns 6,747 shares of the company’s stock worth $252,000 after purchasing an additional 383 shares during the period. Gladstone Institutional Advisory LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 10.2% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 5,922 shares of the company’s stock worth $222,000 after buying an additional 549 shares during the last quarter. Acorn Wealth Advisors LLC increased its position in Invesco S&P 500 Equal Weight Technology ETF by 4.1% during the third quarter. Acorn Wealth Advisors LLC now owns 14,560 shares of the company’s stock valued at $549,000 after acquiring an additional 580 shares during the last quarter. Kaydan Wealth Management Inc. lifted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 4.2% in the fourth quarter. Kaydan Wealth Management Inc. now owns 14,864 shares of the company’s stock valued at $556,000 after acquiring an additional 603 shares during the period. Finally, Aptus Capital Advisors LLC boosted its position in Invesco S&P 500 Equal Weight Technology ETF by 12.8% in the third quarter. Aptus Capital Advisors LLC now owns 5,639 shares of the company’s stock worth $213,000 after purchasing an additional 639 shares during the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Stock Up 0.4 %

Invesco S&P 500 Equal Weight Technology ETF stock opened at $37.14 on Friday. The business has a 50-day simple moving average of $38.52 and a two-hundred day simple moving average of $37.89. Invesco S&P 500 Equal Weight Technology ETF has a 52-week low of $32.03 and a 52-week high of $40.49. The company has a market cap of $4.21 billion, a P/E ratio of 25.99 and a beta of 1.69.

Invesco S&P 500 Equal Weight Technology ETF Profile

The Invesco S&P 500 Equal Weight Technology ETF (RSPT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an equal-weighted index of S&P 500 technology companies. RSPT was launched on Nov 1, 2006 and is managed by Invesco.